WASHINGTON, Feb. 2, 2016 /PRNewswire-USNewswire/ -- Senate energy leaders Angus King (I-Maine) and Harry Reid (D-Nevada) filed an amendment to the Senate energy bill to give states the authority to assess the benefits that solar choice provides and to prohibit monopoly utilities from retroactively penalizing customers who invest in solar.

In response, Evan Dube, Director of Public Policy for Sunrun, and spokesperson for The Alliance for Solar Choice (TASC), issued the following statement:

"The King-Reid legislation stands in stark contrast to Arizona Senator Flake's amendment that seeks to weaken states' and consumers' rights. Senator Flake's legislation is a blatant attempt to impose more regulations that benefit Arizona Public Service and other state-sponsored monopolies to the detriment of homeowners. The utility trade lobby, the Edison Electric Institute, wants to eliminate all forms of energy competition, and Senator Flake is doing their bidding. Fortunately, consumers have powerful advocates in Senators King and Reid.

E&Ps Locking in Cash Flows and Sales Prices OPEC’s agreement to cut production levels has kicked off a rush among shale oil companies to hedge their oil price risk above $50 for 2017 and 2018. The number of E&Ps selling oil for delivery next year has pushed the WTI forward curve into slight backwardation after two years of contango. Compare[Read More…]